COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 1885-01

Bill No.: SB 464

Subject: Boards, Commissions, Committees, Councils; Children and Minors

Type: Original

Date: February 23, 2001




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
None
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
None
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
Local Government $0 $0 $0

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 2 pages.





FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of Administration - Children's Trust Fund (CTF) state there would be no fiscal impact. CTF states that expenses incurred by the four additional members to attend board meetings and conduct other CTF business would be covered by existing CTF funds.



FISCAL IMPACT - State Government FY 2002

(10 Mo.)

FY 2003 FY 2004
$0 $0 $0



FISCAL IMPACT - Local Government FY 2002

(10 Mo.)

FY 2003 FY 2004
$0 $0 $0



FISCAL IMPACT - Small Business



No direct fiscal impact to small businesses would be expected as a result of this proposal.



DESCRIPTION



This proposal would expand the Children's Trust Fund Board from seventeen to twenty-one members. The four additional members will be chosen and appointed by the Board.



This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.



SOURCES OF INFORMATION



Office of Administration

Children's Trust Fund









Jeanne Jarrett, CPA

Director



February 23, 2001